§339.2. Definitions. — Inbound Citations

12 C.F.R. § 339.2

Statutory Authority

Cited by 2 regulations in release Current.

12 C.F.R. § 339.2(2)

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(2) That covers losses caused by damage to members' property pursuant to an agreement, including damage caused by flooding, in accordance with this common bond; and
12 C.F.R. § 339.3(c)(1)

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(1) An FDIC-supervised institution must accept private flood insurance, as defined in § 339.2, in satisfaction of the flood insurance purchase requirement in paragraph (a) of this section if the policy meets the requirements for coverage in paragraph (a) of this section.